MAY 18, 2019 BY TOM FOX

In today’s edition of Daily Compliance News:

  • Four more banks named in London bribery suit. (Bloomberg)
  • Can blockchain help in the fight against corruption? (World Economic Forum)
  • South African President appoints new head of bribery unit. (Reuters)
  • FBI targets Johnson & Johnson, Siemens, GE, Philips in Brazilian graft case. (Reuters)

The Astros continue their inexorable march back to the World Series (Take It Back) as the Red Sox hover at .500. Never one to gloat, Tom takes a break to join Jay to discuss both events some of this week’s top compliance and ethics stories which caught their collective eyes.

  1. Uber stumbles at going IPO. What role did its culture, lack of compliance and ethics play? The New York Times Dealbook explore in depth.
  2. Belying those who advocate a paper program compliance defense, DOJ/SEC require compliance programs which actually works. Matt Kelly in Navex’s Ethics and Compliance Matters
  3. What is up with Ephemeral Messaging for Businesses? Avi Gessner, Daniel Foerster and Mengyi Xu consider in NYU’s Compliance and Enforcement Blog.
  4. What criteria should be used to make reparations to victims of corruption? Sam Hickey explores in Global Anti-Corruption Blog.
  5. Hong Kong criminally indicts ex-JP Morgan banker in Princeling case. Harry Cassin reports in the FCPA Blog.
  6. FCPA Unit head Dan Kahn discusses evolution in FCPA enforcement. Clara Hudson reports in GIR (sub req’d)
  7. Mongolia exiled McKinsey. Ian McDougall reports in ProPublica.
  8. Federal judge lambastes SEC for filing on VW nearly 4 years after emissions-testing scandal erupted. David Shepardson reports in the NYT.
  9. What is the fraud risk for non-profits? Jonathan Marks considers in Board and Fraud.
  10. Last week, Tom had a special 5-part podcast series with Don Stern, Managing Director at AMI on Use of Monitors by Defense Counsel. Check out the following: Part 1-Introduction;Part 2-the Nuts and Bolts; Part 3– Case Studies; Part 4-in the Health Care industry; Part 5-Non-Profits and Varsity Blues. The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Megaphone,YouTube,  Spotify and Corporate Compliance Insights. The Compliance Podcast Network.
  11. Join Tom at Compliance Week 2019. It is one of the top compliance and ethics conferences of the year. This year, Tom is joined by Jonathan Marks in leading a pre-conference workshop on Sunday afternoon about handling internal investigations and performing a root cause analysis. Monday will include a keynote address from the always popular Hui Chen, Tuesday Preet Bharara. To review the full agenda, see who is speaking or to review the registration information click on the appropriate link. Best of all, if you have read this blog,  you are eligible for a discount on the conference cost. Enter code “TOM300” at checkout to save $300 from your registration.

Tom Fox is the Compliance Evangelist and can be reached at Jay Rosen is Mr. Monitor and can be reached at

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at

In this podcast, data privacy/data security expert Jonathan Armstrong and Compliance Evangelist Tom Fox use the framework of GDPR to discuss a wide range of issues relating to these topics. They consider what the US compliance and InfoSec security expert needs to know about what is happening in the UK, Europe and beyond. In this episode, I visit with Jonathan Armstrong about a recent enforcement action against Bounty UK Ltd. by the UK data protection regulator. Some of the issues and highlights are:
  1. The enforcement action came out of the Facebook/Cambridge Analytica investigation.
  2. Déjà vu all over again?
  3. Why did the company receive 80% of the highest possible fine?
  4. How does this case mimic the Emma’s Diary enforcement action?
  5. What are the lessons to be learned?
For more information on Cordery Compliance, go their website here. Also check out the GDPR Navigator, one of the top resources for GDPR Compliance by clicking here.

MAY 16, 2019 BY TOM FOX

In today’s edition of Daily Compliance News:

  • More business leaders forced out for ethical lapses than for poor financial performance in 2019. (Washington Post)
  • Do large companies fear legal violations? (New York Times)
  • Nordic/Baltic countries agree to share AML information. (Wall Street Journal)
  • Anti-corruption measures as KPIs for government ministers. What a novel idea. (Yahoo Business News)
On this episode of Great Women in Compliance, Lisa Fine speaks with Stacey Hanna, General Counsel, Ethics & Compliance at Lonza, which is an  integrated solutions provider in the areas of pharma and biotech, and is headquartered in Switzerland. While Stacey started as an attorney, she was in the mergers and acquisition world, and how this influences her approach to ethics and compliance.  She discusses the evolution of her organization’s compliance program and how she works to promote business growth, discussing some real-life examples and strategies to build relationships as a compliance officer. Stacey also discusses evolution in other areas, including work and life complimenting one another and in the compliance space as a whole.
Get involved and continue the dialogue of Great Women in Compliance at  the LinkedIn page Great Women in Compliance Podcast Community. You can listen to the full catalogue of Great Women in Compliance on the Compliance Podcast Network.